Tokenized Funds Projected to Surge 58-Fold to $235B by 2029

The asset management industry stands at the brink of transformation as tokenized funds prepare for explosive growth. Calastone's latest research forecasts a leap from $4 billion in 2024 to $235 billion within five years—a 58-fold increase.

Blockchain's promise of automation, liquidity enhancement, and access to digital-native investors is driving adoption. "Tokenization bridges traditional finance with DeFi ecosystems," says Calastone CTO Adam Belding, noting 65% of early-adopting asset managers already report measurable benefits.

Money market funds emerge as pioneers in this shift, leveraging distributed ledger technology to modernize fund distribution and ownership structures. The convergence of institutional finance with blockchain infrastructure marks a new phase in capital markets evolution.